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Nov 30, 2012
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going over the fiscal cliff is serious business. and i am here seriously trying to resolve it and i would hope that the white house would get serious as well. a congressional republican aide said the only changes in the entitlement come from the president's budget that was voted down by the u.s. senate 99-zero and zoro democrats supported it. the white house said it is the republicans and their refusal to ask higher income americans to pay higher rates. >> asking for a price to be paid for congress to do its job and insure that the united states of america does pay the bills is deeply irresponsible. it was deeply irresponsible in the summer of 2011 and deeply irresponsible if we were to see that kind of approach taken again. >> something new in the proposal. they want to continue to raise the debt limit on their own unless two-thirds of lawmakers say no. >> gretchen: do you remember on this program yesterday where we said this is not a deal. what is proposed is not a deal. a definition of deal, both sides give something, right. this
going over the fiscal cliff is serious business. and i am here seriously trying to resolve it and i would hope that the white house would get serious as well. a congressional republican aide said the only changes in the entitlement come from the president's budget that was voted down by the u.s. senate 99-zero and zoro democrats supported it. the white house said it is the republicans and their refusal to ask higher income americans to pay higher rates. >> asking for a price to be paid...
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Nov 29, 2012
11/12
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we don't need to navigate the fiscal cliff. that will hurt the economy. when the economy is bad, less people travel commercially for leisure, less people send packages. it hurts us and again, razor thin profit margin, we need a good economy, we need the economy good overt long haul. it's good for business. >> gretchen: do you think they were actually listening to what you had to say? >> i think they were. >> gretchen: really? >> yeah. i think it was a good discussion because the business radio he said were talking about what the impact of going overt cliff would be and also with a it would be down the line. >> gretchen: but so much, nick, of what's been discussed in the press is only about increasing taxes. you just got done talking about the fact that a stool falls over unless you have the other legs there. did you get the sense in these insider talks that people are actually going to take on entitlement reform? >> i think behind the scenes talk, yes. right now there is a lot of public posturing going on and that, i think, i personally think that's a pro
we don't need to navigate the fiscal cliff. that will hurt the economy. when the economy is bad, less people travel commercially for leisure, less people send packages. it hurts us and again, razor thin profit margin, we need a good economy, we need the economy good overt long haul. it's good for business. >> gretchen: do you think they were actually listening to what you had to say? >> i think they were. >> gretchen: really? >> yeah. i think it was a good discussion...
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Dec 6, 2012
12/12
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we are willing to go over the fiscal cliff. why? to square the members to call their members of congress. if you talk to business people and people in the banking industry they are not concerned about the fiscal cliff and i am not sure why. maybe they feel it is going to get done. this is very, very interesting. >> steve: i think there are people who are optmistic that something can happen in the long run. >> brian: we get past this hurdle and we might get on a roll. >> steve: john boehner said the republicans point of view. we don't have to raise rates on the top people. we can tighten things up and close the loop holes and deduction. actually that the president of the united states's point of view back last year . now he said it is all about tax rates. this is the president in a flash back. >> what we said give us 1.2 trillion in additional revenues which could be accomplished without hiking tax rates, but could simply be questioned by eliminating loop holes and deductions and engaging in a tax reform process that could have lower
we are willing to go over the fiscal cliff. why? to square the members to call their members of congress. if you talk to business people and people in the banking industry they are not concerned about the fiscal cliff and i am not sure why. maybe they feel it is going to get done. this is very, very interesting. >> steve: i think there are people who are optmistic that something can happen in the long run. >> brian: we get past this hurdle and we might get on a roll. >> steve:...
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Dec 5, 2012
12/12
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at the focus of the fiscal cliff debate. they would bear the blame if we do go over the edge. the president sat down with bloomberg news yesterday to talk about this. he said he might be willing to budge on some things but tax rates on the wealthy must go up. republicans should agree to raise them he says now and trust them that spending cuts will go away. >> let's put a down payment on taxes let's let tax rates on the upper income folks go up. >> they have heard these problems before any deal must tackle entitlements such as medicare and social security to put them on a sustainable path. vice presidential candidate and budget chairman paul ryan says the overall thinking has to change. >> the problem they are the same. but the old ways won't do. we need new thinking and renewed efforts from all americans. look, it is true that president obama won reelection. i congratulate him on his victory. but on january 20th, he will face a stagnant economy and a fiscal mess. you might even say he will inherit these problems. >> this has
at the focus of the fiscal cliff debate. they would bear the blame if we do go over the edge. the president sat down with bloomberg news yesterday to talk about this. he said he might be willing to budge on some things but tax rates on the wealthy must go up. republicans should agree to raise them he says now and trust them that spending cuts will go away. >> let's put a down payment on taxes let's let tax rates on the upper income folks go up. >> they have heard these problems...
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Dec 3, 2012
12/12
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it's not just solving the fiscal cliff issue. that's just a near term issue. but that solution needs to create a business environment that allows businesses to grow because we're only expanding 2% gdp. we need at least 3 1/2, 4% to bring down unemployment. so we are fighting for the soul of america. >> steve: 'cause you need to help the economy and sell cars, too. >> that's an important part, to because next to our homes, the purchases -- it's always a lead indicator. >> gretchen: you would know, and this is why you were invited, because you run ford and you've been very successful at it. by the way, you took no bailout money because you borrowed money before that other fiscal cliff that we went over when the car industry was bailed out. did the president listen to you? >> i think he absolutely did. of course, i would do it again about testifying against my competitors because clearly the united states economy was in a recession and could have gone into a depression. i'm glad we did testify on behalf of our competitors at the time because we were doing the rig
it's not just solving the fiscal cliff issue. that's just a near term issue. but that solution needs to create a business environment that allows businesses to grow because we're only expanding 2% gdp. we need at least 3 1/2, 4% to bring down unemployment. so we are fighting for the soul of america. >> steve: 'cause you need to help the economy and sell cars, too. >> that's an important part, to because next to our homes, the purchases -- it's always a lead indicator. >>...
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Dec 7, 2012
12/12
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forget the fiscal cliff stuff. what we know is coming, already will be a hock to the system. you lay that are with even more draconian tax hikes, more regulations and this war on business that i've been seeing, it's not going to be that great. >> you register surprise like i go when the 7.7% number came in. but we've got to find out, did the labor force shrink? that's the key to understanding the rate -- >> lot of economic data, the headlines look good. when you dig, it's been disappointing. >> let me conclude, that we have it, 7.7%, the unemployment rate in november. 146,000 jobs created. that's it for this fox business special report. we'll continue the coverage throughout the day. now back to our regular programming. >> steve: all right. thank you very much. it's interesting what peter barns said from washington and that was that in the two months running up to the election, now there apparently have been revisions for september and october. 50,000 fewer jobs were created than reported by the federal government. that's curious. >> brian: now to your headlines. they're accu
forget the fiscal cliff stuff. what we know is coming, already will be a hock to the system. you lay that are with even more draconian tax hikes, more regulations and this war on business that i've been seeing, it's not going to be that great. >> you register surprise like i go when the 7.7% number came in. but we've got to find out, did the labor force shrink? that's the key to understanding the rate -- >> lot of economic data, the headlines look good. when you dig, it's been...
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Dec 2, 2012
12/12
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. >> to make the argument we've made is to raise taxes and revenues and approach the fiscal cliff and argument from small businesses and others, if you increase our rate, we're either going to have to layoff individuals, not going to hire anybody else right now, and so, therefore, this economy that's already stalled is not going to grow at a clip. >> you remember two years ago, the question was, should we keep the bush rates, at least temporarily, given the problems in the economy and at that time, all the democrats acknowledged raising taxes is not a way to boost economic growth. for whatever reason, this time, there seems to be more of an ideological commitment that the rates have a rise and i think the president ought to be thinking, how do we grow. >> that's what the president said in 2010, we can't afford taxes right now in this down economy, what's changed. >> two years, i guess the election change. great to see you this morning, appreciate it. >> coming up on the show, it's the phone call that every parent dreads, informing you your child has been in an accident. this father an
. >> to make the argument we've made is to raise taxes and revenues and approach the fiscal cliff and argument from small businesses and others, if you increase our rate, we're either going to have to layoff individuals, not going to hire anybody else right now, and so, therefore, this economy that's already stalled is not going to grow at a clip. >> you remember two years ago, the question was, should we keep the bush rates, at least temporarily, given the problems in the economy...